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Murphy Oil Announces Organizational Changes.

Business Editors

EL DORADO, Ark.--(BUSINESS WIRE)--May 4, 2001

Murphy Oil Corporation (NYSE: MUR) announced today the following organizational changes:

Kevin G. Fitzgerald has been named Treasurer of Murphy Oil Corporation to replace Odie F. Vaughan who will retire June 30, 2001 after having completed over thirty-nine years of service with the Company.

Fitzgerald joined Murphy in May 1982 as Assistant Treasurer in the Company's contract drilling subsidiary in New Orleans, LA. He transferred to Corporate Headquarters in El Dorado, AR in 1992 and has served as Director, Investor Relations since 1996.

Fitzgerald graduated magna cum laude with a bachelor's degree in Accounting from the University of New Orleans in 1977 and is a Certified Public Accountant. Prior to joining the Company he was a partner in charge of audit engagements with a public accounting firm.

In his new position, Fitzgerald will assume responsibility for all Treasury and Tax functions and will report to S. A. Cosse, Senior Vice President. Fitzgerald will also retain responsibility for Investor Relations matters for the Company.

Mindy K. West has been named Director, Investor Relations to replace Fitzgerald concurrent with his promotion to Treasurer.

West holds bachelor's degrees in both Finance and Accounting. She graduated magna cum laude in Finance from the University of Arkansas and suma cum laude in Accounting from Southern Arkansas University. She is also a Certified Public Accountant.

Since joining the Company in 1996, West has held positions in Accounting, Employee Benefits, Planning and Investor Relations. Prior to joining the Company she worked two years in banking.

West will continue to report to Fitzgerald.
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Publication:Business Wire
Geographic Code:1USA
Date:May 4, 2001
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